Today's West Midlands business news from Insider |
Latest News | Transformative proposals to create more than 1,000 apartments, a hotel, cinema, restaurants and retail in Coventry city centre have been formally submitted. The project would also support 2,000 full-time equivalent jobs. Read More… |
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The Covid-19 pandemic was unforeseen, unexpected and unwanted, but has been the catalyst for businesses, people and economies to adapt to survive, which says much about the resolve of the region’s business community, according to Graham Spalding, partner in the Corporate and Commercial practice of regional law firm Lodders. Read More… |
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Pets at Home is acquiring one of the UK's largest independent veterinary telehealth providers in a £15m deal. Read More… |
A stake has been taken in listed retail giant Shoe Zone. Read More… |
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Retail empire Arcadia Group, the owner of brands including TopShop, Burton and Dorothy Perkins, could be set to collapse today, according to reports. The group employs about 13,000 workers. Frasers Group, controlled by Mike Ashley, has confirmed it has offered a £50m funding line to Arcadia. Read More… | Turnover topped £80m while pre-tax profits surged at a Burton-upon-Trent-based provider of mechanical, electrical and process engineering services, which was founded almost a century ago, during its latest financial year. Read More… |
The Staffordshire-based UK arm of a Hong Kong logistics giant is creating more than 300 jobs. Read More… |
Turnover and pre-tax profits increased at a national parcel delivery business during its latest financial year, new figures have revealed. They have been published after the company revealed its gross profits for the period earlier this month. Read More… |
Danish furniture and home furnishings brand JYSK, which operates 30 stores across the UK and Ireland, has reported record results. Read More… |
Business confidence in the Midlands fell during November, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Read More… |
The administrators of retail giant Jaeger have closed 13 of the company's stores and concessions. Read More… |
A group re-organisation at Cooper Parry resulted in its total turnover declining during its most recent financial year, according to new documents. However, its pre-tax profits remained static. The figures come after the company revealed its turnover from continuing operations rose over the same period. Read More… |
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Plans to construct up to 2,400 homes and create 2,000 jobs on the edge of Coventry have been voted through. Read More… |
A new £7m centre designed to promote innovation in waste, energy, and low carbon vehicle systems has reached a construction milestone. Read More… |
Radical plans to shake up the planning system are set to lead to a "power grab" by Whitehall, stripping local and regional government of decision-making powers, according to a group of Midlands development experts. Read More… |
A prominent office building in Coventry could be transformed into almost 70 apartments, according to new plans. Read More… |
An industrial property in Birmingham has been sold for a six-figure sum. Read More… |
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The chief executive of Worcestershire-based royal carpet maker Victoria has hailed the company's "underlying resilience" during the first half of its financial year. The business slipped into the red during the period because of the Covid-19 pandemic. Read More… |
Revenues have neared the £200m mark at the company behind the Newcastle-based owner of the Tommee Tippee brand, newly filed accounts have revealed. Read More… |
Engine manufacturing slumped by more than a fifth in October, according to new figures. Read More… |
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Member Exclusive News | Birmingham-headquartered National Express has announced a number of changes to its board. Read More… |
Wolverhampton Wanderers have signed a new deal with the owner of Cadbury. Read More… |
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Services & Guides | | Find an adviser to help you buy, sell or invest in a business. Read More… |
| The region's top places to hold events, conferences and meetings. Read More… |
| The region's top hotels and accommodation. Read More… |
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